7 News Belize

Let There Be Cane! New Sugar Deal Signed!
posted (January 13, 2014)
But first, to a story that's making national headlines tonight: the standoff in the sugar industry is officially over.

The cane farmers agreed to a compromise agreement on Sunday, and both sides signed the agreement an hour and a half ago. It's only an interim agreement, but it's a very major breakthrough because it allows for the beginning of the crop season in one week.

7News was at the signing which just finished a few minutes ago, and our team is heading back - we'll have that story for you a little later on.

Today, the Office of the Prime Minister released a statement congratulating both BSI and the cane farmers on reaching the compromise. The prime minister said, quote, "The Office of the Prime Minister is pleased that the Government's efforts in getting ASR/BSI to accept the obligation of paying for bagasse have helped with this breakthrough." End Quote.

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